GovTrack’s Bill Summary
We don’t have a summary available yet.
H.R. 4147 (111th): To provide for rollover treatment to traditional IRAs of amounts received in airline carrier bankruptcy.
- Introduced:
- Nov 19, 2009 (111th Congress, 2009–2010)
- Sponsor:
- Rep. John Lewis [D-GA5]
- Status:
- Died (Referred to Committee)
- See Instead:
- This bill was re-introduced as H.R. 3899 (112th) on Feb 03, 2012.
The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
11/19/2009--Introduced.
Allows commercial airline employees who were participants in a tax-exempt defined benefit pension plan of a commercial airline that was terminated or otherwise restricted to transfer to a traditional individual retirement account (IRA) any amount received from the airline resulting from a bankruptcy proceeding filed after September 11, 2001, and before January 1, 2007. Excludes from the gross income of such employees any such amount received from an airline.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.